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developments in the penn state scandal, why the pennsylvania governor is taking the ncaa to court and why state and federal lawmakers are backing him up. bill: we've been told that al-qaida shinmoedake on its heels, the president said that. apparently they didn't get the bounty. the chilling new threat against one of our diplomats serving overseas. bill: there's been a lot of indecision in washington during the month of december. now that the dole has been cut the markets react. big move on monday during new year's eve and a big move today. markets were closerred yesterday. we are waiting on this. that is the first reaction from investors up 263, on the dow 30. if your 401k is loaded up, it's got a little more fire power today. watching that 263 the up side already. arthel: bill, chilling developments in the middle east, we are are tracking new reports that al-qaida is now offering a bounty for the murder of the u.s. ambassador to yemen. pete peter doocy is live. >> reporter: al-qaida in the arabian peninsula says they award anyone who a nass natures with three kilos of gold. that in english tr
again penn state university. you'll remember they were imposed after the jerry sandusky sex abuse case. >> people in colorado could ring in the new year at a new cannabis club, club 64, denver's first legal marijuana club is now open for business, although city attorneys are still checking on if this is technically legal because colorado legalized smoking pot at home, not in public. >> rhode island's legislature may take up same-sex marriage in 2013. just 11 out of 113 members of the state's general assembly are now republicans and leaders believe this new number could help them pass the legislation. >> in illinois the big issue on the table is pension reform. governor pat quinn called it the fiscal cliff for illinois. his office has released videos trying to drum up public support. he's helping a lame duck legislature will help him pass reform for university employees, judges and more. >> and if you read only one thing this morning, after traveling nearly a million miles as secretary of state, hillary clinton seemed almost super human. well, today my must read is from "the daily beast
've been representing the colonial penn life insurance company, and i'm here today to talk with some of their insurance representatives about their guaranteed acceptance life insurance. that was a really good point. hi, alex. hi, everyone. i thought it'd be interesting to hear from you what your customers say are some of the things they like best about colonial penn's whole life insurance. who's gonna start? well, it's guaranteed acceptance for people over age 50. they don't have to take a physical or answer any health questions. and it gives them peace of mind knowing that their family has some insurance to help cover funeral costs. and other final expenses. great point, and that's something everybody needs to plan for, especially in this economy. it costs just $9.95 a month per unit. it's an affordable way to provide protection for loved ones. yes, and that rate never goes up. and their coverage never goes down because of their age. they can get permanent insurance at a price that fits into their budget. alex: do you want to help protect your loved ones from the burden of final exp
penalties over penn state university with the sex abuse scandal saying the sanctions including a $60 million farm harm past, present, and future students there. the ncaa calls the lawsuit without merit. open house held today at a school for students who survivedded the massacre at sandy hook elementary school in newtown, connecticut last month. classes begin tomorrow at a former middle school nearby where workers and teachers have been painting and preparing classrooms. prosecutors and defense attorneys in the colorado shooting case say they are ready for key hearing next week when prosecutors outline the case against james holmes charged with killing 12 and wounded dozens of others in a movie theater in a denver suburb last july. the judge will decide if there's evidence to put holmes on trail. that's a look at headlines making news this hour. back to you. >> uma, thank you so much. fiscal cliff deal reached by congress delays across the board cuts by two months, but the next guest say it's no free ride for defense stocks. the executive director and senior analyst, thanks so much for joinin
-old former penn state assistant football coach to at least 30 years in jail after he was convicted of 45 counts of child sex abuse. despite the mounting of evidence against him, sandusky continues to proclaim his innocence. he's in the process of appealing his sentence. number three, the shooting of unarmed 17-year-old trayvon martin. >> my son left sanford, florida, in a body bag while george zimmerman went home to go to sleep in his own bed. >> accused gunman george zimmerman claimed self-defense in a case that sparked international outrage, and ignited racial tensions. the trial is set for june. number two -- >> we need rescue inside the auditorium, multiple victims. >> i've got seven down in theater nine, seven down. >> july 20th, just past midnight, terror inside theater nine. >> aurora, colorado, nine miles east of denver, there's been a mass shooting at a movie theater. >> prosecutors say james holmes donned protective gear, threw tear gas and began firing. in the end, 12 people killed, 58 others wounded. holmes faces 152 charges. many victims continue to recover while others will
. matt mccall is president of penn financial group llc. the irs is today notifying employers on how much they will have to withhold from their employees' checks. let's go through each and every one of these tax increases if there is no deal, and we dive off the cliff. let's begin with the first one. marginal income tax rates ric rice for nearly everybody in america. >> over 90% of americans will be hit with higher taxes, and everybody talks about the wealthy getting hit the hardest. what i find fascinating is two-thirds of americans that make less than $20,000 a year will get hit with higher tax rates which will equal a gain of close to $600 more per year in taxes. if you're making let's say $18,000 you could get hit with $600 more in taxes. it doesn't sound like a lot to a lot of people but that takes a huge chunk out of putting food on the table and getting clothes for your children. it's a big deal. gregg: estate taxes will rice from 35% on 5 million or more to 55% on 1 million or more. >> you know this really affects a lot of people in the middle of america who have farms. if you hav
conference is scheduled this morning to announce the filing in u.s. district court. last june former penn state assistant coach jerry sandusky was convicted of sexually abusing ten boys. in july, the university agreed to a $60 million fine to be used to finance child abuse prevention grants across the country. state and federal lawmaker have raised objections to the money being spent outside of the state of pennsylvania. >>> when we come back, we'll make our first trip to chairs in 2013. the stories that we're squawking about to start the new year after this. >>> before we do that, before we head to break, check out the early action in europe. this is a good indication of what you'll see here this morning. u.s. futures are sharply higher, same story over in europe. right now the cac in france up 2.2%. similar gains in germany and in london. we'll see more when we come right back. at farmers, we make you smarter about insurance. because what you don't know can hurt you. what if you didn't know that boxes by the curb... make you a target for thieves? or that dog bites account for a third of
Search Results 0 to 6 of about 7

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